one Speaks of so-called mega issues is the digitisation of the whole of the front. This has been recognized also in Germany, and so the unusual speed and expertise has been developed, with which the draft law on the introduction of electronic securities, not so surprising at all. To eliminate around 80 years for non-government bonds, certificate of obligation may come late.
The will but, Germany to gain in terms of Blockchain in a pioneering role, is to be welcomed. Even if not everything may be clarified in Detail. In view of the developments in the automotive industry may also play the fear of a role to fall technologically behind. This has probably also helped that, consciously or unconsciously, was seen across increasing number of signs of dishonest transactions in the scandal-company Wirecard in many places for a long time.
For, the Potential of the Blockchain technology, in the value of the paper remains the area to hope that it also draws some Lessons from this, and in any direction care can. With the current bill the right way it seems, at least taken.Updated Date: 12 August 2020, 12:20